Chief Financial Officer

Client of Foreground

Job Description:
Foreground is partnering with a leading drilling and energy services company in Riyadh, Saudi Arabia, to appoint a Chief Financial Officer (CFO) . This senior executive role will provide strategic financial leadership to support long-term growth, regional expansion, and operational resilience.
About the Role
The CFO will lead all aspects of financial management, including corporate governance, capital strategy, risk management, and reporting. The position carries responsibility for ensuring financial sustainability while enabling the company to pursue ambitious investment and growth opportunities across Saudi Arabia and the wider GCC.
Key Responsibilities
• Define and execute financial strategy aligned with shareholder expectations and growth targets.
• Lead financial reporting, treasury, taxation, and consolidation across all operations.
• Oversee capital raising initiatives including IPO readiness, debt restructuring, and equity partnerships.
• Support mergers, acquisitions, and joint ventures with financial modeling and valuation expertise.
• Implement ERP and BI tools to enhance reporting, transparency, and forecasting accuracy.
• Ensure compliance with IFRS, Zakat, and Saudi fiscal regulations.
• Partner with the CEO and Board on corporate growth, governance, and investor relations.
Qualifications & Experience
• 20+ years in finance, with at least 810 years in senior leadership as CFO or Group Finance Director.
• Proven track record in capital markets, corporate finance, and large-scale investment management.
• Strong background in oilfield services, drilling, or heavy industrial sectors.
• Advanced degree in Finance, Accounting, or Business; CPA, CFA, or ACA required.
• Experience working with Aramco and Saudi regulatory authorities highly advantageous.
Required Skills:
Corporate Governance
Readiness
Drilling
Operations
ERP
Modeling
Valuation
Compliance
Capital
Acquisitions
Corporate Finance
Treasury
Financial Modeling
Consolidation
Transparency
Sustainability
Partnerships
Energy
Financial Reporting
Forecasting
Risk Management
Strategy
Regulations
Accounting
Finance
Business
Leadership
Management